front 1 Capitalize | back 1 long term asset, amount a company records as the cost of the asset |
front 2 Debit Asset | back 2 Cash Credit |
front 3 PPE Expenses | back 3 Betterments, Extraordinary repairs, minor repairs |
front 4 Betterments: | back 4 Additions and improvements that increase capacity |
front 5 Extraordinary repairs | back 5 Expenditures that extend longevity of PPE |
front 6 Minor repairs | back 6 Ordinary maintenance to keep the PPE in current working condition |